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Monday, June 9, 2014

As Richard Armour wrote, we didn't need the Virgin Islands, but there was something about the name that made Congress throw caution to the winds.

It’s mojito season in Washington, but for every bottle poured, the Virgin Islands is missing out on a payday. 
That’s because a slice of a decades-old excise tax meant to help the rum-producing U.S. territories of Puerto Rico and the Virgin Islands is tangled up in stalled talks over extending a hodgepodge of expired tax breaks.

Armour doesn't ring a bell? Try here. 

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